Common use of Premiums; Taxes; Fees; Royalties Clause in Contracts

Premiums; Taxes; Fees; Royalties. 2.5.1 That portion directly attributable to this Agreement of premiums for insurance and the Statutory and Performance Bonds. In the event that the Design/Builder elects to self-insure against one or more risks associated with the Work, the cost of insurance for such risks shall be deemed to be the lowest guaranteed cost then available to the Design/Builder or the Contractor under a fully insured program. 2.5.2 Sales, use, gross receipts or similar taxes imposed by a governmental authority which are related to the Work and for which the Design/Builder is liable. 2.5.3 Fees and assessments for any permits, licenses and inspections required by the Contract Documents. 2.5.4 Fees of testing laboratories for tests required by the Contract Documents or governmental authorities. 2.5.5 Royalties and license fees paid for the use of a particular design, process or product required by the Contract Documents. The costs of defending suits or claims for infringement of patent rights arising from such requirement by the Contract Documents; payments made in accordance with legal judgments against the Design/Builder resulting from such suits or claims and payments of settlements in connection therewith. 2.5.6 Deposits lost for cause other than the Design/Builder's negligence.